"GII Islamic REIT" acquires office property in Dubai for USD 32 m.
“GII Islamic REIT” successfully concluded the acquisition of a prime Downtown Dubai office property, spread over two floors in the…
Property & Real Estate
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High profitability underpins UAE banking sector
The UAE’s banking sector has remained largely resilient to the decline in oil prices and it impact on government finances…
Dubai Land Department unveils virtual realty platform
As part of its contribution to the Dubai 10X initiative, Dubai Land Department has launched a new platform for conducting…
Dubai leads global real estate in return on investment with 7-8% annual rental yield as developers lure British buyers
Dubai currently leads the global real estate sector in terms of investment locations among the major cities, with returns averaging…
Where do Luxury Markets Stand in the U.S., U.K., U.A.E. and Australia?
The global luxury real estate market has had a good run recently. Prices are up and key markets have…
UAE sovereign wealth fund Mubadala pays $271m for stake in Gazprom oil subsidiary
Abu Dhabi’s state-owned Mubadala Investment Company has agreed to pay $271 million for a 44 percent stake in an oil…
Revealed: 62 billionaires in UAE hold Dh616 billion wealth
Dubai was home to 40 billionaires -- or 65 per cent of the UAE total -- at the end of…
How buying a home in the UAE can halve your rent
Many people in the world own their own home. According to a variety of sources, home ownership rates in Europe,…
More private debt will fund Middle East real estate in a decade
The next decade will most likely witness a major growth in private debt for the Middle East real estate market…
Growth of private debt to boost Middle East real estate market, says JLL
The next decade is expected to witness a major growth in private debt as an alternative to commercial bank lending…
Hamdan approves organisational structure of Dubai Land Department
Shaikh Hamdan Bin Mohammad Bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, has issued…
Jared Kushner's Family Has Been Looking for Help With a Troubled Office Tower for Years. Qatar Might Bail Them Out
Kushner Cos. is nearing a deal with a unit of Brookfield Asset Management Inc. to salvage its investment in an…